Meghmani Organics was founded in 1986 as a partnership firm, under the name M/s Gujarat Industries, to manufacture Pigments by its Executive Chairman Jayanti Patel, together with its Managing Directors, Ashish Soparkar and Natwarlal Patel, as well as two of its Executive Directors Ramesh Patel and Anand I Patel (collectively the “Founders”).

On January 2, 1995, Meghmani Organics Limited was incorporated as a joint stock company with limited liability and acquired the business and all existing assets and liabilities of the partnership firm M/s Gujarat Industries and the Founders became shareholders of the Company.

The company is into the manufacture of Pigments and Agrochemicals in India and has a focus on delivering quality products backed by Research and Development efforts.

Within Pigments, it specializes in green and blue pigments, which have varied end use applications in printing inks, paints and coatings and plastics. It has three Pigment manufacturing facilities at Vatva, Panoli and Dahej SEZ in the state of Gujarat. A majority of its Pigments are exported and about 75% of its pigment revenues come from exports.

It is a leading agro-chemical manufacturing Company with significant presence worldwide. Its strong customer base includes prominent MNC’s and extends to more than 75 countries globally. It manufactures three broad categories of Agrochemical products, namely, pesticide intermediates, technical and formulations. Its agrochemical products find primary application in Crop Protection, Veterinary, Public Health and Wood Protection.

It has 6 multifunctional ISO certified production facilities with a wide range of products and backward integration of key raw materials, located in Gujarat, India’s prime Chemical belt and having proximity to key ports.

Its R&D Centre managed by a team of professionals is recognized by the Ministry of Science and Technology. It helps in continuous process improvement and into introduction of a newer range of pesticides to meet needs of Global customers.

Business area of the company

Meghmani Organics Ltd.

Vishnu Chemicals Ltd.

Thirumalai Chemicals Ltd.

Sigachi Industries Ltd.

India Glycols Ltd.

Foseco India Ltd.

Fairchem Organics Ltd.

Camlin Fine Sciences Ltd.

SH Kelkar And Company Ltd.

DCW Ltd.

Premier Explosives Ltd.

The Andhra Sugars Ltd.

Bhansali Engineering Polymers Ltd.

IG Petrochemicals Ltd.

Valiant Organics Ltd.

Market Cap	1,901 Cr	ROE	15.2%
P/E Ratio(TTM)	150.1	EPS(TTM)	0.0
P/B Ratio	1.2	Dividend Yield	1.9%
Industry P/E	61.2	Book Value	62.3
		Face Value	1.0

Fundamentals